Netflix to buy Warner Bros. Discovery in deal of decade
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Warner Bros. is discussing a major move with DC Comics amid the company's merger with streaming giant Netflix. Netflix's acquisition of Warner Bros., which comes with the latter's media library and HBO properties,
Hollywood executives spent decades mocking Netflix's ambitions. Now, the streaming giant will own Harry Potter, the DC Comics extended universe, and HBO in one historic mega-deal.
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Former Warner Bros VP Kirk Stambler Joins Sacker Entertainment Law; Firm Opens Big Apple Office
Almost four years after ex-WB Senior Theatrical Counsel and Manatt, Phelps & Phillips, LLP partner Neil Sacker set up his own shingle with former Gibson, Dunn & Crutcher LLP associate Andy Tan, their SEL has now added Kirk Stambler to the crew.
Jane Fonda is speaking out against Netflix’s earthshaking move to acquire Warner Bros. Discovery, calling the $82.7 billion deal a “catastrophic” development that threatens to “destroy our creative industry.
The bidding process to determine who will take over Warner Bros. Discovery is expected to enter into a third round as Paramount Skydance angles to acquire one of Hollywood’s largest film studios. Paramount is vying with Comcast and Netflix in a bidding process to buy out WBD,
Paramount Skydance has sharply increased the breakup fee in its proposed offer to acquire Warner Bros Discovery, lifting the amount from $2.1 billion to $5 billion, according to a Bloomberg News report citing individuals familiar with the negotiations.
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Paramount throws in more cash in bid for Warner; Comcast wants to combine assets with NBCUniversal
Jockeying for HBO-owner Warner Bros. Discovery has intensified as the auction appears to enter its home stretch.
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Warner Bros. sends cease and desist to California coffee shop for ‘Harry Potter’-themed event
Covenant Coffee, a shop in Bakersfield, Calif., that aims to educate and employ former and current foster children, received a cease-and-desist letter from the entertainment company last week, according to Director of Operations Shelby Woolley.